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Market Cap:
24h Vol:
Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
Cryptoknowmics
2023-12-11 09:12:42

Bitcoin’s Latest Surge: Correction or Consolidation?

Bitcoin’s Latest Surge: Correction or Consolidation?

Will Clemente, co-founder of Reflexivity Research, predicts an imminent correction in Bitcoin’s price, anticipating a sharp downturn to shake off “greedy” leveraged positions. Analyzing data from Glassnode, a blockchain data platform, Clemente highlights the historical trend of corrections in Bitcoin’s life cycle. In the 2015-2018 cycle, a 36% correction occurred during the bull run, and … Continue reading "Bitcoin’s Latest Surge: Correction or Consolidation?" The post Bitcoin’s Latest Surge: Correction or Consolidation? appeared first on Cryptoknowmics-Crypto News and Media Platform .

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